Bell skips bid for Insight

But adding N.Ky. cable firm makes sense, CEO says

11:07 AM,
Jun. 22, 2007

Written by

Mike Boyer
mboyer@enquirer.com

Cincinnati Bell Inc. took a hard look at bidding for Insight Communications Co., the cable company that provides service to Northern Kentucky, but concluded the asking price was too much, Jack Cassidy, Bell's president and CEO, told investors Thursday.

In a two-hour presentation, Cassidy said the 134-year-old firm views itself as a communications company offering local, long-distance, wireless and landline phone service, plus broadband and eventually video services.